Efforts are on to nab him, the Naupada police station official added.
Photo used for representational purpose
A man in Thane city has been accused of duping some 100 investors to the tune of Rs 59 lakh by promising them high returns, a police official said on Friday.
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Accused Anand Konar, who is on the run, had floated a investment firm in Naupada, the official added.
Efforts are on to nab him, the Naupada police station official added.
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